The press conference announced the updated simplification package for sustainability reporting and due diligence requirements that are anticipated to be approved by the EU Parliament. The revised rules aim to enhance competitiveness, reduce red tape, and narrow the scope of companies affected by the regulations. Rapporteur Jörgen Warborn will provide details on the agreement, with a plenary vote scheduled for December 16, 2025. The press conference will be held both in-person and remotely via Interactio.